of parental income, and that children appear to compare their actual income situation with the aspiration level acquired …

attainment of parents. We then decompose the overall trend into a parental background effect, a general expansion effect and a … tertiary education can be explained by the fact that the gap in participation rates between women with lowly educated parents … and women with highly educated parents has narrowed. We then investigate the role of financial constraints in explaining …

children appear to compare their actual economic status with that of their parents, deriving large satisfaction gains from an …This paper investigates the relationship between income satisfaction of adult children and their relative economic … income rank that is higher than that of their parents. The effect is asymmetric with regard to parents, as these seem not to …

the study of interdependent utility in general, and altruism between parents and adult children who moved away from home … for the years 2000-2004, find that the parents' self-reported happiness depends positively on the happiness of their adult … children. A one standard deviation move in the child's happiness has the same effect as a 45 percent move in household income. …

In present day Germany, one in seven children is raised in a single parent household. We investigate the effect of … single parenthood on children's educational attainment, measured by the school track at the age 14, using ordered probit … children drawn from the German Socio-Economic Panel. …

We examine the effect of single motherhood on children's secondary school track choice using 12-year-old children drawn … correlation between single motherhood and children's educational attainment. Looking for alternative explanations for this …

effect of unemployment on life satisfaction. …

to implement. The empirical relevance is illustrated in an application to the effect of unemployment on happiness …